Your location:

The construction machinery industry continues to be prosperous

Time:2021-09-20 20:44:59


Qi Jun, President of the China Construction Machinery Industry Association, recently at the press conference of the 16th China (Beijing) International Construction Machinery, Building Materials Machinery and Mining Machinery Exhibition and Technology Exchange ("BICES2021"), the construction machinery industry in 2019 Realized operating income of 668.1 billion yuan, a year-on-year increase of 12%. The total operating income of key enterprise groups in the construction machinery industry from January to July 2020 totaled 235,61456 million yuan, a year-on-year increase of 17.3%.

  Qi Jun said that in 2019, the entire construction machinery industry achieved operating income of 668.1 billion yuan, a year-on-year increase of 12%. Although affected by the epidemic in the first half of 2020, thanks to the remarkable results achieved in the prevention, control and anti-epidemic work, measures to resume work and production in various regions have been actively implemented. According to the statistics of the association, sales volume in the first half of 2020 has improved month by month.

  Affected by many factors such as the effective control of the domestic epidemic, the increase in market demand brought about by new infrastructure, the replacement of new and old equipment, and the replacement of people by machines, the construction machinery industry continues to maintain a high level of prosperity.

  At present, enterprises and analysis institutions in the industry believe that the demand from domestic resumption of production and work, infrastructure and real estate is the main factor driving the rebound in construction machinery sales in the second quarter.

  At the beginning of the second half of the year, the prosperity of the construction machinery industry remained unchanged. According to data from the China Construction Machinery Industry Association, in July 2020, the 25 excavator manufacturers included in the statistics sold 19,100 excavators of various types, an increase of 54.8% year-on-year, of which 16,253 were domestic, an increase of 59.5% year-on-year. As for the excavator sales in August, many analysis agencies predict that it will exceed 20,000 units, a year-on-year growth rate of over 50%.

  Industry experts predict that domestic excavator sales will exceed 290,000 units in 2020, a year-on-year increase of about 24%, and the boom will continue to be high in the second half of the year. Guosheng Securities Yao Jian estimates that the annual growth rate of infrastructure investment is expected to exceed 11%, corresponding to the monthly growth rate of excavator sales in the second half of the year may exceed 20%.

  From June to July this year, affected by continuous rainfall, floods occurred in some parts of southern my country, which brought difficulties to the construction environment and equipment sales. Nevertheless, the year-on-year growth rate of excavator sales in June and July is still as high as 62.9% and 54.8% respectively, showing a trend of "not weak in the off-season".

  This shows that the construction machinery sales boom brought about by downstream demand may not abruptly cease in the second half of the year. From the analysis of various companies and institutions, it can be concluded that the year 2020 of "opening low and moving high" is likely to be a bumper year.

  Construction machinery manufacturers themselves remain optimistic about the prospects for the second half of the year. Relevant executives of Zoomlion said at a recent performance briefing that due to the impact of the epidemic, the peak construction season for the construction machinery industry this year will be delayed by 2-3 months.

 [Laiyang Jiabao Auto Parts Co., Ltd.] Part of the information comes from the Internet, and strives to be safe, timely, accurate and accurate. The purpose is to transmit more information. It does not mean that it agrees with its views or is responsible for its authenticity. If the reprinted information on this website involves copyright and other issues, please contact this website in time to delete it.